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, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors, the lawsuit says, deceiving them about the fundamentally defective character of the mortgages and went housing bubble burst, those investors are suffered monumental loss, jpmorgan plans to contest the suit and disappointed with the ag for bringing the case and says it is the first product of a presidential working group on american securities fraud formed in january. today in washington, officials signal it had won't be the last case. sue? >> scott, stay with me. we are going to talk about this joining us first on cnbc to discuss the lawsuit is new york attorney general eric schneiderman. welcome, sir, pleasure to have you back with us on "power lunch." >> tha
added 104,000 jobs, and the government sect or added 10,000. we saw health care jobs created. more than 44,000 there. this has been a trend for a couple of years. about 16,000 jobs lost over there in the manufacturing sector, which is, of course, very, very important to some of these battleground states, suzanne. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people at home where you call anthpele s yes or no and explain how. the other is a survey of employers where they ask are you hiring? that's where the 114,000 number comes om114,000 number might not catch everyone who is working part-time from home or just working part-time or doing some kinds of contract w
government austerity cuts. pensioners clashed with riot police and burned an eu flag. german chancellor angela merkel is scheduled to arrive in athens at about 6:30 eastern time today for a six hour visit. police banned protests in most of central athens and 6,000 officers are trying to keep control. this is merkel's first stop will greece since the debt crisis kree resulted back in 2009. and carolyn roth will be joining us live. >>> and both president obama and mitt roy in will be in ohio today. voters in the swing state are getting their last chance to register for next month's election. the polls are now all over the map. pew has romney up four points, but gallup says the positive jobs report gave president obama a five point boost. among our guests, ken langone and donald trump. and focusing on issues of foreign policy and national security, we have senator john mccain. and by the way, if you went to sleep early last night, the texans beat the jets 23-17. this win brings the texans perfect record this season to 5-0. we will have more in squawk sports. first andrew has the morning's
different kind of sermon. hundreds of pastors plan on defiling the federal government and giving very political speeches. some say they may even endorse a candidate for president. then they'll mail the sermons to the irs with hopes the irs revokes their tax exempt status because the pastors have 2,000 lawyers ready to sue for violation of freedom of speech. now, it boils down to this part of the tax code which states, in part, religious organizations cannot participate in or interfere in any political campaign on behalf of any candidate. the annual movement called "pulpit freedom sunday" is growing in popularity. here's what it sounded like back in 2008. >> when you go into the voting booth, i urge you not to vote for obama. >> there's no way in the world a christian could vote for barack hussein obama. i do believe you could vote for john mccain. >> this is who i'll be voting for and who i urge you to vote for. >> joining us now is a big supporter of pulpit freedom sunday, jim garlow senior pastor of skyline weslyan church in san diego. what do you plan on saying today? i'm just curi
the government could cover the cost that companies would face if they run into legal troubles for not properly warning those workers. here's the federal law and what it says. it says that companies with 100 or more workers must provide 60 days notice before mass layoffs or plant closings, or those workers can get up to 60 days of back pay if they are not notified. the republicans are crying foul and eamon javers picks under the story. >> reporter: here's what the omb said in late september -- it is neither necessary or appropriate for federal contractors to provide warn act notice to employees 60 days in advance of the potential sequestration because of the uncertainty about whether sequestration will occur. i've toualked to employees at t white house and omb about this question. their idea is this -- first of all, there's uncertainty about the fiscal cliff itself, whether it is actually going to happen or not. they say that the warn act is only required for those planning specific cutbacks and specific plant closings and they say since the employers in this case federal contractors don't know
's largest city has killed at least 31 people. state tv reports that three explosions rocked a government-controlled district in aleppo. now let's head to wall street. cnbc's mandy drury is at the new york stock exchange. good morning to you, mandy. >> good morning to you as well, natalie. today we're watching the private sector jobs report for some clues as to what kind of report we're going to get on friday when the big government payrolls report comes out. at this stage economists are expecting 153,000 jobs were created in the month of september, and apple shares are in focus once again as there are some reports out that asian component suppliers of apple have begun mass production of a smaller tablet computer that apparently is smaller than the current ipad. we're all waiting for that as well. back to you. >> wonderful to be in time for the holidays. mandy drury, thanks so much. >>> the self-proclaimed world's best dad is at it again. davengedow and his 20-month-old daughter have become famous online that show sarcastically why dave's the greatest dad. after their appearance on her sh
as the government would like it to be and certainly not as great as the american people would like it to be. i think that when you look at the number of jobs added in the last month, it was good. it was better than expected. lower than the average for the years. we added 11000 jobs, 10,000 of those were from government, and the average for the year for each month was 150,000. so it's slow, but it is moving in right direction. >> thanks so much. once again, here's jenna. >>> and while the economy may be picking up, there's something else on the rise as well and it's much more unwelcome and it's gas prices. they spiked overnight once again in california, reaching an all-time high and drivers are not happy to say the least. more now from christa dahlgren. >> reporter: just when californians thought things couldn't get worse -- >> five bucks? oh, my god. >> reporter: even bigger sticker shock. prices up another 20 cents a gallon since midnight. >> going from $4.70 a week ago. >> reporter: in california, the average price per gallon is up 36 cents in a week to $4.49. 67 cents more than this time last yea
. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. ♪ [ cheers and applause ] >>> lots of smiles under the umbrellas in times square this morning. congrats for sam. and this music brings us back. "st. elmo's fire." >> that's relentless '80s. >> lara and i almost did the big hair. >> how about a guy that's barely changed in 30 years? rob lowe, our co-host this morning. on team robin this morning. she's recovering from her bone marrow transplant. >> thank you so much. hello, george. good morning. >> rob lowe shared some secrets about the song, though. he will share them later. >> i have some background on that. for once. >> how does it feel at the desk? >> i feel a little tall. >> you are a litt
, they are not governed or watched over by the fda. they are looked at by states. this pharmacy was turning out batches of tens of thousands of vials of steroids. that's not to me a compounding pharmacy. they are now manufacturing, and i fear that they are going to give good compounding pharmacies a bad name, and i think it basically from their behavior so far, they are an outlier. >> they released a statement after shutting down, basically recalling all of its products. on the website it says while there is no indication at this time of any contamination in other necc products, this recall is being taken as a precautionary measure. in light of this, i mean, how worried should patients be? >> look, if you have had any steroid injected into your back from june on, call your doctor. if you are a physician and you've injected steroids to somebody, call your patient. check and make sure that there is a transfer of information, and if you have a family member and have symptoms and may not put it all together, this is a time for the entire country to be on heightened alert. these numbers will go up before th
Search Results 0 to 14 of about 15 (some duplicates have been removed)

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